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NSB BPO Solutions Ltd

Complete IPO details, including price band, financials, subscription status, and key insights.

Participate in the NSB BPO Solutions Ltd IPO with full transparency. Review issue details, company fundamentals, and financial performance, and apply securely through Alice Blue.

IPO Snapshot

Key metrics and details at a glance.

Price Band

₹140

Per Share

Lot Size

1000 Shares

Minimum Investment

₹1,40,000

Issue Size

₹74.2 Cr

Face Value

₹10

Per Share

IPO Type

Book Building - SME

Retail Quota

49.65%

QIB Quota

1.05%

NII Quota

49.3%

IPO Timeline

Important dates for your applying strategy.

IPO Opens23 Sept
IPO Closes7 Oct
Basis of Allotment8 Oct
Refund Initiation9 Oct
Shares Credited9 Oct
Listing Date10 Oct
IPO Process Completed

Subscription Status

Live demand across investor categories.

Track real-time subscription levels:

*Real-time data subject to exchange updates

Qualified Institutional Buyers (QIB)25.49x
Non-Institutional Investors (NII)0.81x
Retail Individual Investors (RII)0.20x
Overall Subscription0.77x

NSB BPO Solutions Ltd

Business model, operations, and market positioning.

Promoter Holding (Pre-Issue)

45.78%

Promoter Holding (Post-Issue)

33.63%

Issue Type

Book Building - SME

ISIN

INE0SLP01017

About the Company

Our company is engaged in the business of providing Business Process Outsourcing (BPO) services specializing in the area of support services solutions. We provide wide ranges of support services such as Customer Care and Customer help line Call Centre for clients, Tele-sales, Tele collections, Digitization of documents, Processing of application and KYC forms, warehousing and archival, Payroll management, etc. We believe in providing efficient and accurate services which is core value of the organization. Our focus is on achieving delivery standards and providing quality solutions using the latest technology and industry best practices. With a team of skilled professionals, we offer a diverse range of services to support various aspects of our clients' business operations for an ultimate end to end business solutions for need of the client business.

Industry Overview

Strong economic growth in the first quarter of FY 2022-23 helped India overcome the UK to become the fifth-largest economy after it recovered from repeated waves of COVID-19 pandemic shock. Real GDP in the first quarter of 2022-23 is currently about 4% higher than its corresponding 2019-20, indicating a strong start for India's recovery from the pandemic. Given the release of pent-up demand and the widespread vaccination coverage, the contact-intensive services sector will probably be the main driver of development in 2022-2023. Rising employment and substantially increasing private consumption, supported by rising consumer sentiment, will support GDP growth in the coming months. Future capital spending of the government in the economy is expected to be supported by factors such as tax buoyancy, the streamlined tax system with low rates, a thorough assessment and rationalisation of the tariff structure, and the digitization of tax filing. In the medium run, increased capital spending on infrastructure and asset-building projects is set to increase growth multipliers, and with the revival in monsoon and the Kharif sowing, agriculture is also picking up momentum. The contact-based services sector has largely demonstrated promise to boost growth by unleashing the pent-up demand over the period of April-September 2022. The sector's success is being captured by a number of HFIs (High-Frequency Indicators) that are performing well, indicating the beginnings of a comeback. India has emerged as the fastest-growing major economy in the world and is expected to be one of the top three economic powers in the world over the next 10-15 years, backed by its robust democracy and strong partnerships.

Company History

Our Company was incorporated as NSB BPO Solutions Private Limited on April 25, 2005 under the Companies Act, 1956 with the Registrar of Companies, Madhya Pradesh & Chhattisgarh bearing Registration number 017539. The status of the Company was changed to public limited and the name of our Company was changed to NSB BPO Solutions Limited vide Special Resolution dated January 02, 2024 pursuant to conversion of the Company into public limited Company. The fresh certificate of incorporation consequent to conversion was issued on January 10, 2024 by the Registrar of Companies, Gwalior. The Corporate Identification Number of our Company is U74140MP2005PLC017539.

Products & Services

  • The company is engaged in the business of providing Business Process Outsourcing (BPO) services specializing in the area of support services solutions.

Growth Strategy

  • Continued focus on BPO and Call Centre business for PSUs, Banks and Government promoted schemes/ services.
  • Investment in infrastructure and technology.
  • Retain and expand our Current clientele and initiate new Business relationships.
  • Inorganic Growth.

Customer Base

Wholesaler and Retailer

Financial Performance

Revenue, profit after tax and total assets across the last 3 reported financial years.

Consolidated figures
Financial Performance Categories

Revenue

−51.5%vs FY23

Amount in ₹ crore

285
128
138
FY23FY24FY25

Profit After Tax (PAT)

+618%vs FY23

Amount in ₹ crore

1.54
6.73
11.1
FY23FY24FY25

Total Assets

−16.9%vs FY23

Amount in ₹ crore

211
148
175
FY23FY24FY25

Figures in ₹ crore, on a consolidated basis, as reported for FY23 to FY25.

Objects of the Issue

How the company plans to utilize IPO proceeds.

Use of Proceeds

The funds raised through this IPO will be used for:

Initial public offering of up to 53,00,000 equity shares of Rs. 10/- each ("Equity Shares") of NSB BPO Solutions Limited ("NSB BPO" or the "Company") for cash at a price of Rs. 121.00 per equity share (the "Offer Price"), aggregating to Rs.64.13 Crores ("The Offer"). Of the offer, 2,65,000 equity shares aggregating to Rs. 3.21 Crores will be reserved for subscription by market maker ("Market Maker Reservation Portion"). The offer less the market maker reservation portion i.e. offer of 50,35,000 equity shares of face value of Rs. 10.00 each at an offer price of Rs. 121 per equity share aggregating to Rs. 60.92 Crores is hereinafter referred to as the "Net Offer". The offer and the net offer will constitute 26.54 % and 25.21 %, respectively of the post offer paid up equity share capital of the company. Price Band: Rs. 121/- to Rs. 140/- for equity share of face value of Rs. 10 each. The floor price is 12.10 times times the face value and cap price is 14.00 times of the face value of the equity shares. Bids can made for a minimum of 2,000 equity shares and in multiples of 1,000 equity shares thereafter.

*Subject to approvals and market conditions.

Strengths & Risks

Key competitive advantages and factors to consider before investing.

Strengths and Risk Factors
  • Quality Service.
  • Experienced promoter and senior management team.
  • Client Satisfaction and Relationship.
  • Diversified customer base and revenue sources.
  • The Company, Promoters, and Directors are involved in certain legal proceedings and potential litigations. Any adverse decision in such proceedings may render us/them liable to liabilities/penalties which may adversely affect its business, financial condition and results of operations.
  • The company propose to utilize a portion of its Net Proceeds towards setting up of call centre facility. Any delay or failures in successfully setting up of Call centre facility may affect its business growth, thereby affecting the company's future business plans, business operations and financial conditions.
  • The Company, Promoters, and Directors are involved in certain legal proceedings and potential litigations. Any adverse decision in such proceedings may render it/them liable to liabilities/penalties which may adversely affect its business, financial condition and results of operations.
  • The company proposes to utilize a portion of its Net Proceeds towards setting up of call centre facility. Any delay or failures in successfully setting up of Call centre facility may affect its business growth, thereby affecting the company's future business plans, business operations and financial conditions.
  • If the company is unable to attract new customers, retain customers at existing levels or sell additional services to its existing customers, the company revenue growth will be adversely affected.

Frequently Asked Questions

01

What is the minimum investment required to apply for this IPO?

The minimum investment depends on the lot size and the upper price band of the issue. Investors must apply for at least one lot, and the total investment amount is calculated by multiplying the lot size by the upper price band.
02

How is IPO allotment decided?

IPO allotment is determined based on demand and SEBI guidelines. If the IPO is oversubscribed in the retail category, allotment is typically done through a computerized lottery system to ensure fair distribution among eligible applicants.
03

When will I know if shares are allotted to me?

Allotment status is usually finalized a few days after the IPO closes. Once finalized, shares are either credited to your Demat account (if allotted) or the blocked funds are released back to your bank account.
04

Can I modify or cancel my IPO application?

Yes, you can modify or cancel your IPO application anytime before the IPO closing date. Changes can be made through your Alice Blue account, subject to exchange cut-off timings.
05

What happens if the IPO is oversubscribed?

If the IPO receives more applications than the number of shares available, it is considered oversubscribed. In such cases, allotment in the retail category is done on a proportionate or lottery basis, and not all applicants may receive shares.